Item 2. Properties
ITEM 2. Properties
Facilities
As of December 31, 2020, we occupied approximately 72,000 square feet of office, laboratory and manufacturing space in San Diego, California under a non-cancelable operating lease through December 2028. In addition, we have additional operating leases for office and laboratory space in New York, New York and San Diego, California. We believe that these facilities are adequate for our current needs.
In January 2020, we entered into a lease agreement for approximately 200,000 square feet of office, laboratory, and GMP manufacturing space (the Premises). The Premises is located in San Diego, California and we intend to move our corporate headquarters to the Premises during the third quarter of 2021.
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